Carmax Inc (NYSE: KMX) is -20.44% lower on its value in year-to-date trading and has touched a low of $61.67 and a high of $91.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KMX stock was last observed hovering at around $62.33 in the last trading session, with the day’s gains setting it 2.72%.
Currently trading at $65.05, the stock is -10.11% and -14.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.05 million and changing 4.36% at the moment leaves the stock -17.38% off its SMA200. KMX registered -4.21% loss for a year compared to 6-month loss of -13.41%. The firm has a 50-day simple moving average (SMA 50) of $76.4896 and a 200-day simple moving average (SMA200) of $78.73705.
The stock witnessed a -8.79% gain in the last 1 month and extending the period to 3 months gives it a -18.18%, and is -3.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.64% over the week and 5.38% over the month.
Carmax Inc (KMX) has around 30048 employees, a market worth around $9.93B and $26.35B in sales. Current P/E ratio is 20.30 and Fwd P/E is 15.05. Profit margin for the company is 1.90%. Distance from 52-week low is 5.48% and -28.71% from its 52-week high. The company has generated returns on investments over the last 12 months (2.00%).
with sales reaching $7.58B over the same period.The EPS is expected to grow by 15.63% this year, but quarterly earnings will post 4.51% year-over-year. Quarterly sales are estimated to grow 6.57% in year-over-year returns.
Carmax Inc (KMX) Top Institutional Holders
1030.0 institutions hold shares in Carmax Inc (KMX), with institutional investors hold 112.02% of the company’s shares. The shares outstanding are 153.32M, and float is at 151.92M with Short Float at 7.99%. Institutions hold 111.58% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.28 million shares valued at $1.34 billion. The investor’s holdings represent 11.629% of the KMX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.16 million shares valued at $818.52 million to account for 7.1014 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 8.38 million shares representing 5.3353% and valued at over $614.95 million, while DIAMOND HILL CAPITAL MANAGEMENT INC holds 4.2651 of the shares totaling 6.7 million with a market value of $491.6 million.
Carmax Inc (KMX) Insider Activity
The most recent transaction is an insider sale by Tuite Tyler, the company’s SVP & Chief Product Officer. SEC filings show that Tuite Tyler sold 4,869 shares of the company’s common stock on Jan 28 ’25 at a price of $84.58 per share for a total of $0.41 million. Following the sale, the insider now owns 227.0 shares.
Still, SEC filings show that on Jan 15 ’25, Mayor-Mora Enrique N (EVP & CFO) disposed off 5,000 shares at an average price of $81.43 for $0.41 million. The insider now directly holds 20,260 shares of Carmax Inc (KMX).
